In the wake of the Texas shooting that killed 26 people, last Sunday, gun control is a major topic in the halls of Capitol Hill. Congressman Steve Chabot, a Republican representing Ohio's first district, told Cheddar that new gun laws will not stop criminals from obtaining lethal weapons and committing crimes.
Meanwhile other politicians, have been advocating for tighter gun controls, as the nation has seen two deadly shootings in the span of a month.
The congressman is also Chairman of the Small Business Committee. He said on Tuesday that the republican's proposed tax plan will cut taxes for small businesses down to 25 percent.
The republican congressman, slammed fellow Ohio congresswoman Marcy Kaptur, who told Cheddar last week that lowering the corporate tax rate will ultimately lead to more outsourcing.
"I think that comment is just ludicrous," Chabot said.
New York state will extend its stay-at-home restrictions at least through May 15. Gov. Andrew Cuomo said Thursday that transmission rates still need to be tamed as he prolonged the restrictions that have left most New Yorkers housebound.
Stocks are mixed in early trading on Wall Street after the government reported that 5.2 million more people filed for unemployment benefits last week, which was not quite as many as had been feared.
Another 5.2 million people filed for unemployment in the week ending April 11, according to a U.S. Department of Labor report released Thursday morning.
President Donald Trump says he’s prepared to announce new guidelines allowing some states to quickly ease up on on social distancing. At same time, though, business leaders are telling Trump they need more coronavirus testing and personal protective equipment before people can safely go back to work.
The IRS announced on March 21 that the federal income tax filing deadline has been pushed to July 15, 2020, due to the impact of the coronavirus pandemic.
Selling swept Wall Street after a dismal lineup of reports made clear how historic the coronavirus crunch has been for the economy. Markets are already bracing for what’s forecast to be the worst downturn since the Great Depression, but Wednesday’s data was even more dispiriting than expected.
John Stanton, co-founder of the Save Journalism Project, told Cheddar that the widespread cost-cutting and layoffs will have a long-term impact on the health of journalism.
Sen. Chris Murphy (D-Conn.) on Wednesday told Cheddar that he is officially endorsing former vice president Joe Biden as the Democratic nominee for the presidency.
"Shark Tank" co-host and real estate mogul Barbara Corcoran has some tips on how to spend coronavirus stimulus checks wisely, now that they have begun landing in many bank accounts.
Top Chinese officials secretly determined they were likely facing a pandemic from a new coronavirus in mid-January, ordering preparations even as they downplayed it in public.
